Our Products
Motor Insurance
- Third Party Cover: This is the minimum motor insurance cover and it is compulsory for all categories of vehicle used on public roads;
- Comprehensive Motor Insurance: Comprehensive motor insurance covers damage or loss of the insured vehicles as a result of accident or fire. It also covers damage to third party’s vehicle of property subject to a limit.
Marine Cargo Insurance
This covers loss or damage to consignments or goods whilst being conveyed from one port, especially of one country to another, either by sea or by air.
Aviation insurance
Aviation insurance policy provides cover against losses arising from damage or loss that may result from use and operation of aircraft. The policy also covers death or injury and loss or damage to the properties of passengers.
Fidelity Guaranty Insurance
This policy provides cover against loss of money or properties as a result of fraud or act of dishonesty by an employee in whose custody such money or property are kept for official purpose.
Professional Indemnity Insurance
This policy protect a person or organization for liability that may be awarded against her for damage, loss, injury or death that maybe caused to her client consequent upon his action, inaction or professional negligence
Money Insurance
Money insurance policy cover for loss of money and money instruments by fire, theft whilst in custody, securely locked safe, while in transit from office premises to the bank or from the bank to the office.
Household\House owner Insurance
This policy is a combinations of fire and burglary, all risk and liability insurance for house owner. It is cheaper and more convenient for the policyholder.
Endowment Assurance
This policy is type of life assurance that pay the assured [policyholder] when he survives the policy period or at maturity. The policy also pays the beneficiary of the policy proceeds following the death of the assured before maturity of the policy.
Fire Insurance
This policy often goes with Special perils such that the common name is Fire & Special Perils Insurance policy. It covers damage or loss to the insured property caused by fire.
Marine Hull Insurance
Marine Hull Insurance covers loss or damage to boats, ships, and vessels.
Goods in transit insurance
Goods in transit insurance: GIT, as it is popularly called provides cover against damages or loss to goods whilst the goods in transit from one place to another.
Goods in transit insurance
GIT, as it is popularly called provides cover against damages or loss to goods whilst the goods in transit from one place to another.
Product Liability Insurance
Public liability provide covers for persons and organization for award of liability for injury, death, loss or damage to properties or any member of the public consequent, usually, upon negligent action or inaction of the insured
Worker’s Compensation Insurance
Worker’s compensation insurance provide covers for injury or death of employees in the course of his or her employee. This policy can also be called Employer’s Liability Insurance Policy.
Bond
This policy guarantees that the will perform a contract to specification and to completion. It also guarantees the security of mobilisation Fee. There are different types of bond: Performance bond, advance payment bond, bid bond, credit bond, and customs bond.
Group Life Insurance
Group life insurance policy provide lump sum cash benefit for the dependents or deceased covered person. The cash benefit is paid following the pre-mature death of the policyholder or the covered person. Provision of pension act makes it compulsory for all employers of labour in Nigeria.
Annuity
This type of life insurance policy which guarantees steady, regular payment of a fixed amount from the agreed starting date, monthly till the death of the annuitant. The annuitant can pay a lump sum as premium or may pay periodic premium for a specified period before the commencement of the annuity
Burglary insurance
Burglary insurance cover loss and damage to properties insured as a result of theft or burglary. The cover granted must be consequent upon forcible and or violent entry and or exit from the premises or location where the insured properties or items are kept.
Group Personal Accident
This policy pays compensation and cash benefit to the insured following injury or death after an accident. The accident can be in any form, whether in the course of work, domestic or while embarking on a journey. A pre-determine and agreed sum is paid for death, permanent disability, temporary total disability and medical expenses. The word group is used to show when the policy insured two or more persons who must share a relationship e. g family, employment, club or association. Where only one person is insured, the policy is called Personal Accident Insurance Policy.
Product Liability Insurance
This policy protects an organization against damage, injury or death that use or consumption of her product may cause any member of the public or organization
All Risk Insurance
All risk insurance policy provide covers for loss or damage resulting from fire, theft and damages to articles or properties that are moveable from one place to the other, e.g wrist watches, camera and jewelry.
Plant All Risk Insurance
Plant all risk insurance covers damage or loss to machinery, plants while in use or whilst being moved from one place to another
Health Insurance
Health insurance policy settles hospital bills for various illnesses\ sicknesses that the policy covers. The policy specifies the maximum amount to be paid in respect of individual covered persons and illness.
Term Assurance
Term assurance is type of life assurance which pays sum assured only when the covered person dies before the end of the period of insurance. If the policyholder survives the period of insurance, nothing is paid. Term assurance is one of the cheapest types of life assurance policy.